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Movado Group

138 hedge funds and large institutions have $487M invested in Movado Group in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 51 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.28% more ownership

Funds ownership: 89.95%93.23% (+3.3%)

6% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 51

11% less capital invested

Capital invested by funds: $550M → $487M (-$63M)

12% less funds holding

Funds holding: 156138 (-18)

24% less call options, than puts

Call options by funds: $379K | Put options by funds: $496K

50% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 28

Holders
138
Holders Change
-18
Holders Change %
-11.54%
% of All Funds
3.68%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
14
Increased
48
Reduced
51
Closed
28
Calls
$379K
Puts
$496K
Net Calls
-$117K
Net Calls Change
+$847K
Name Holding Trade Value Shares
Change
Change in
Stake
RA
1
Royce & Associates
New York
$55.8M +$13.1M +420,658 +27%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$41.8M +$734K +23,593 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$33.8M +$420K +13,499 +1%
BFA
4
BlackRock Fund Advisors
California
$28.8M +$3.3M +106,234 +12%
Goldman Sachs
5
Goldman Sachs
New York
$25.7M -$4.96M -159,602 -15%
American Century Companies
6
American Century Companies
Missouri
$19.2M +$1.85M +59,348 +10%
CAM
7
Cacti Asset Management
Georgia
$18.5M +$3.67M +117,950 +22%
EIP
8
Epoch Investment Partners
New York
$16.3M +$17.9M +575,100 New
IR
9
IAT Reinsurance
New York
$14.7M +$16.1M +517,000 New
PIM
10
Perkins Investment Management
Illinois
$14.5M +$15.9M +512,846 New
BIT
11
BlackRock Institutional Trust
California
$13.2M -$1.01M -32,480 -7%
State Street
12
State Street
Massachusetts
$9.09M -$184K -5,911 -2%
Wells Fargo
13
Wells Fargo
California
$9.01M -$221K -7,110 -2%
WSA
14
Wall Street Associates
California
$8.78M -$6.22K -200 -0.1%
Northern Trust
15
Northern Trust
Illinois
$7.33M -$390K -12,551 -5%
BGIM
16
Brandywine Global Investment Management
Pennsylvania
$7.11M +$7.79M +250,624 New
KCM
17
Kennedy Capital Management
Missouri
$7.06M -$1.07M -34,498 -12%
CCM
18
Century Capital Management
Massachusetts
$6.6M -$12.1M -390,489 -63%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$6.41M -$396K -12,734 -5%
RFC
20
Russell Frank Company
Washington
$6.27M +$2.79M +89,786 +68%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$5.51M +$2.05M +66,008 +51%
ClearBridge Investments
22
ClearBridge Investments
New York
$5.25M +$152K +4,891 +3%
Fisher Asset Management
23
Fisher Asset Management
Washington
$5.1M +$386K +12,400 +7%
PCM
24
Penn Capital Management
Pennsylvania
$4.78M +$2.34M +75,341 +81%
Millennium Management
25
Millennium Management
New York
$4.47M +$4.3M +138,298 +723%

MOV Hedge Fund Activity: Q4 2014 in Review

138 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Movado Group (MOV) for Q4 2014, worth a combined $487M — down 11% from $550M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of MOV and 14 opened new positions — a net loss of 14 holders — while 51 trimmed existing stakes and 48 added.

The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $17.9M. The largest seller was Luther King Capital Management (LKCM), exiting entirely with an estimated $20.4M sold.

  • 138 institutional investors held Movado Group (MOV) as of Q4 2014, down from 156 in Q3 2014.
  • Funds reported $487M of Movado Group stock for Q4 2014, down 11% quarter-over-quarter.
  • 14 funds opened new Movado Group positions in Q4 2014 and 28 closed out, a net change of -14 holders.
  • The largest Movado Group buyer in Q4 2014 was Epoch Investment Partners, an estimated $17.9M added.
  • The largest Movado Group seller in Q4 2014 was Luther King Capital Management (LKCM), an estimated $20.4M sold.

Based on aggregated 13F filings for Q4 2014.